Post
Topic
Board Bitcoin Discussion
Re: Be rich sheeple or free people, what's your choice?
by
Blitzboy
on 15/09/2023, 14:24:59 UTC
For those who have invested in Bitcoin and either have no profit, or are making losses, or have very little profit, they will not be happy with option 2, since for them their investment will forever remain empty. And the truth is that there are very few people who really care about their privacy, those who think about the consequences.
The exact percentage, I'm not sure, but it is indeed true that some people don't care about their privacy, while others do. In my view (without delving too deeply into observation), those who value their privacy here seem to lead a more quality life. Whether they already have significant assets that are more secure or for whatever reason, they appear to have a higher quality of life. Individuals deeply concerned about their privacy, on the other hand, tend to pay extra attention to their own and their family's security. They still perform KYC, but only on essential platforms.

Some people who disregard privacy often come across as very needy for money and don't mind performing KYC anywhere. It's true that we all need money, but I believe there are better ways than selling our identities for unnecessary KYC procedures.
Interesting notion that privacy-conscious persons enjoy a "higher quality of life". Bitcoin is based on decentralized trust and confidentiality. Quality of life isnt always clear and varies by person. Privacy-lovers may prioritize their belongings and safety. KYC means "Know isnt always evil. It can prevent fraud and theft on a reliable cryptocurrency market. Think carefully about where and why you share private data. You cant avoid KYC; just trust the correct sites. Everyone has the right to privacy in Bitcoin.